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Sanco Systems Uses Performance-Based Reward Systems Across Various Departments to Keep

question 44

Multiple Choice

Sanco Systems uses performance-based reward systems across various departments to keep employees directed toward organizational goals.The management at Sanco Systems believes that these rewards might replace or reduce the need for task-oriented leadership.Which of the following leadership theories supports this action?


Definitions:

Market Determined Prices

Prices established through the interaction of supply and demand in a marketplace, reflecting the equilibrium where the quantity supplied equals the quantity demanded.

Ration Coupons

Documents or digital vouchers that allow the holder to purchase a certain amount of a product, often used by governments in times of shortage to ensure equitable distribution.

Right to Purchase

The option or privilege given to an individual or entity to buy something at a predetermined price within a specific time frame.

Price System

The mechanism whereby the prices of goods and services are determined in a free market economy, primarily through the interaction of supply and demand.

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